Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan - 2022

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan
4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $501 per ton, shrinking by -9% against the previous year. Overall, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 55%. Over the period under review, average import prices attained the peak figure at $1,775 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,497 per ton), while the price for China totaled $472 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-6.5%).

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,019 per ton in 2022, growing by 7.7% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2019 an increase of 88% against the previous year. The export price peaked at $2,478 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($32,333 per ton), while the average price for exports to Kyrgyzstan amounted to $913 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+133.2%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in purchases abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses, which increased by 185% to 2.4K tons in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,083%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $1.2M in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,295% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Kazakhstan in 2022:

1. China (2317.3 tons)
2. Russia (41.8 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kazakhstan

In 2022, shipments abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -99.2% to 889 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 102%. As a result, the exports reached the peak of 154 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses shrank dramatically to $906 in 2022. In general, exports saw a dramatic contraction. The smallest decline of -13.4% was in 2021.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Kazakhstan in 2022:

1. Kyrgyzstan (886.0 kg)
2. Russia (3.0 kg)

Source: IndexBox Market Intelligence Platform